Kerala High Court Orders CBI Probe Into Rs 65-Crore Investment Scam

CBI takes over Kerala Rs 65-crore co-op deposit scam probe

The CBI has taken over the probe into the alleged Rs 65-crore Viswadeepthi deposit scam after a Kerala High Court order. The case spans 335 complaints across districts and points to suspected interstate financial fraud.

Kerala High Court Orders CBI Probe Into Rs 65-Crore Investment Scam

The CBI has initiated an investigation into an alleged Rs 65-crore investment scam involving Viswadeepthi Multi State Agri Co-operative Society Ltd, following a directive from the Kerala High Court. The society is accused of inducing public deposits with high interest rates but failing to repay them, leading to significant financial losses for depositors.